Navinchandra Insurance Broking Private Limited logo

Navinchandra Insurance Broking Private Limited

Insurance brokerage firm offering general and life insurance services with IRDAI approval.
2018 | Vadodara, Gujarat (India) | Active

Last Updated:

July 31, 2024
HomeCompanyNavinchandra Insurance Broking Private Limited

Who are the key members and board of directors at Navinchandra Insurance Broking?

Board Members(2)

NameDesignationAppointment DateStatus
Jeet Desai In Director 23-Sep-2020Current
Mihir Shah In Director 26-Oct-2018Current

Financial Performance of Navinchandra Insurance Broking.

Navinchandra Insurance Broking Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 223.98% increase. The company also saw a substantial fall in profitability, with a 139.67% decrease in profit. The company's net worth Soared by an impressive increase of 53.14%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
223.98%
Revenue from Operations
230.94%
Total Assets
157.23%
Profit or Loss
-139.67%
Net Worth
53.14%
EBITDA
-65.75%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Navinchandra Insurance Broking?

Navinchandra Insurance Broking has a workforce of 32 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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Latest Updates, News, and FAQs on Navinchandra Insurance Broking

Recent activity within the organization

  • Annual General Meeting

    Navinchandra Insurance Broking Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Navinchandra Insurance Broking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Jeet Hemantbhai Desai was appointed as a Director was appointed as a Director on 23 Sep 2020 & has been associated with this company since 4 years 3 months .

    23 Sep 2020

  • Director Appointment

    Mihir Navinchandra Shah was appointed as a Director was appointed as a Director on 26 Oct 2018 & has been associated with this company since 6 years 2 months .

    26 Oct 2018

  • Company Incorporation

    Navinchandra Insurance Broking Private Limited was registered on 26 Oct 2018 with Roc Ahmedabad & aged 6 years 2 months as per MCA records.

    26 Oct 2018

Frequently asked questions

  • Navinchandra Insurance Broking Private Limited was incorporated on 26 Oct 2018.

  • The authorized share capital of Navinchandra Insurance Broking Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.50 Cr.

  • Currently 2 directors are associated with Navinchandra Insurance Broking Private Limited.

    • Mihir Navinchandra Shah
    • Jeet Hemantbhai Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navinchandra Insurance Broking Private Limited is 132/133 Samanvay Saptarshi Nr. Monalisa Manjalpur, Vadodara, Gujarat, India, 390011.

  • The corporate identification number (CIN) of Navinchandra Insurance Broking Private Limited is U74999GJ2018PTC104942 and the company number is 104942 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Navinchandra Insurance Broking Private Limited is https://www.buybestpolicy.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navinchandra Insurance Broking Private Limited has risen by 223.98%.

  • As Per 2023 financial reports, 32 employees are currently employed by Navinchandra Insurance Broking Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navinchandra Insurance Broking Private Limited has experienced an upsurge of 53.14%.

  • The most recent Balance Sheet for Navinchandra Insurance Broking Private Limited was filed with the ROC on 31 Mar 2023.

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